ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. GLP J-REIT's annualizedNet Income for the quarter that ended in Feb. 2026 was 円29,792 Mil.
GLP J-REIT's average Total Assets over the quarter that ended in Feb. 2026 was 円874,563 Mil. Therefore, GLP J-REIT's annualized ROA % for the quarter that ended in Feb. 2026 was 3.41%.
The historical rank and industry rank for GLP J-REIT's ROA % or its related term are showing as below:
TSE:3281'
s ROA % Range Over the Past 10 Years
Min: 2.86 Med: 3.12 Max: 3.54
Current: 3.54
During the past 13 years, GLP J-REIT's highest ROA % was 3.54%. The lowest was 2.86%. And the median was 3.12%.
TSE:3281's ROA % is ranked better than 54.4% of 943
companies
in the REITs industry
Industry Median: 3.2
vs TSE:3281: 3.54
GLP J-REIT (TSE:3281) ROA % Explanation
ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A banks ROA % is typically well under 2%.
Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:
Note:
The Net Income data used here is two times the semi-annual (Feb. 2026) net income data. The Revenue data used here is two times the semi-annual (Feb. 2026) revenue data.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Be Aware
Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.
E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.
GLP J-REIT ROA % Related Terms
GLP J-REIT ROA % Historical Data
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The historical data trend for GLP J-REIT's ROA % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the REIT - Industrial subindustry, GLP J-REIT's ROA %, along with its competitors' market caps and ROA % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
GLP J-REIT ROA % vs REITs Industry
For the REITs industry and Real Estate sector, GLP J-REIT's ROA % distribution charts can be found below:
* The bar in red indicates where GLP J-REIT's ROA % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is two times the semi-annual (Feb. 2026) net income data.
ROA % is displayed in the 30-year financial page.
GLP J-REIT (TSE:3281) has a ROA % of 3.41% as of Feb. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on GLP J-REIT and its competitors. This is near median its historical median of 3.12. Over the past decade, GLP J-REIT's ROA % has ranged from 2.86 to 3.54. According to the industry distribution chart, GLP J-REIT ranks #430 out of 943 companies in the REITs industry, placing it in the top 45.6%.
Is GLP J-REIT's ROA % too high?
GLP J-REIT's current ROA % of 3.41% is near median its 10-year median of 3.12. Over the past 10 years, this metric has ranged from a low of 2.86 to a high of 3.54. The REITs industry median ROA % is 3.20. GLP J-REIT's value of 3.41% is 6.6% above this industry median. Based on the distribution chart, GLP J-REIT ranks #430 out of 943 companies in the REITs industry, which is above the industry midpoint. Overall, GLP J-REIT has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does GLP J-REIT's ROA % compare to PLD and PSA?
According to the REITs industry distribution chart, GLP J-REIT ranks #430 out of 943 companies for ROA %. This puts GLP J-REIT in the upper half of its industry. The industry median ROA % is 3.20. GLP J-REIT's value of 3.41% is 6.6% above this benchmark. Historically, GLP J-REIT's own ROA % has ranged from 2.86 to 3.54 over the past decade. While the company's 10-year median is 3.12 vs. the industry median of 3.20, GLP J-REIT has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROA % for a REITs company?
The median ROA % among REITs companies is 3.20, based on 943 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. GLP J-REIT's current ROA % of 3.41% is 6.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on GLP J-REIT and its competitors. For the REITs industry, the median ROA % is 3.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GLP J-REIT's current ROA % is 3.41%, which is near median its own 10-year median of 3.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GLP J-REIT stock overvalued right now?
Based on GuruFocus' analysis, GLP J-REIT (TSE:3281) is currently considered Fairly Valued. The stock's GF Value™ is 円145,856.74, compared to a current price of 円140,300.00 — trading 3.8% below its estimated fair value. The current ROA % is 3.41%, which is near median its 10-year median of 3.12 and 6.6% above the REITs industry median of 3.20. GLP J-REIT's overall GF Score™ is 72/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For GLP J-REIT (TSE:3281), the current ROA % is 3.41% as of Feb. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is GLP J-REIT (TSE:3281) Overvalued in 2026?
Based on GuruFocus' analysis, GLP J-REIT stock appears to be undervalued.
The current stock price of 円140,300.00 is trading 3.8% below its estimated GF Value™ of 円145,856.74.
GuruFocus considers GLP J-REIT to be Fairly Valued.
Key valuation signals for TSE:3281:
ROA %: 3.41% (near median its 10-year median of 3.12)
GF Value™: 円145,856.74 vs. price of 円140,300.00 (3.8% below fair value)
Industry Position: 6.6% above the REITs median (#430 of 943)
No single metric tells the full story. See the TSE:3281 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
GLP J-REIT is a Japan-based real estate investment trust. The company invests in logistic facilities and related real estate properties mainly located in Kanto and Kansai regions and other areas. Its properties are classified under Multi-tenant property and build-to-suit property segments. It holds a range of proprieties such as GLP Tokyo, GLP Sugito II, GLP Koshigaya II, GLP Misato II, GLP Amagasaki, GLP Higashi-Ogishima, GLP Akishima, GLP Tomisato, GLP Narashino II, GLP Funabashi, GLP Kazo, GLP Fukaya and others.
72GF Score
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